Trades, Monday 28th January 2019

MU brought home the bacon again. This was an earlier entry as the signal was so clear and it met my early entry criteria. Yes, the stock moved further south, but I don’t care about picking tops and bottoms — that’s hard and the success rate is low. Much easier just to take an easy chunk out of the middle, using clear signals.

This trade on CRON was a much longer affair, lasting most of the morning. I scaled out of this to let the second half run risk-free, and what a run it was. Took more than a dollar on the second chunk. Again, keeping risks low and signals easy.

Simple setups and not being greedy meant that between these two trades alone, profit was more than a thousand dollars for the day. (These weren’t my only trades; I only post a selection of interesting ones here).